Answer: True
Explanation:
The Marketing Control Statement is quite beneficial to marketers as it avoids fixed costs and shows them the variable and programmed costs both of which can be controlled. This enables them to know what they need to and can change in a way that they can come up with an optimal marketing mix to ensure profitability.
It is also a very uncomplicated statement to prepare which further ingratiates it to marketers who would like to avoid all the jargon of income statements.
A more simplistic way of expressing the distinction is to say that payments made under an ordinary annuity <span>occur at the end of the period while payments made under an </span>annuity due<span> occur at the beginning of the period.However, </span>ordinary annuity<span> is the more widely used term</span>
Answer:
It is the fluctuations of GDP around the potential output
Explanation:
Business cycle refers to the fluctuations of Gross Domestic Product around the potential output. It refers to the expansion and contraction of GDP around its potential output or its long term natural growth rate
In an boom, GDP is above the potential output and in a contraction, GDP is below the potential output
There are 4 stages of business cycle
1. Expansion - At this stage unemployment is low and economic indicators are positive. Money velocity is also high
2. Peak - this is the highest point of economic expansion. The economy cannot grow beyond this point. From this point, the GDP starts to decline
3. Recession : It is the stage after a peak. The positive economic indicators start to decline
4. Depression
Trough - growth rate becomes negative
6. recovery : the economy begins to expand again
What do you need help with? What's due soon?
Answer:
Testing effect
Explanation:
Xui is a student of chemistry and after taking lectures and making notes she takes a practice test to check her memory, this type of practice is known as testing effect. The testing effect is a way to test your memory by performing different tests. It helps to examine where you stand and how much practice and learning you need to succeed.